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This case concerns the ability of a primary layer insurer to aggregate claims in order to minimise its exposure to an insured facing widespread claims, arising out of dishonest actions by one of its former partners in property transactions...

This document sets out the FSA's findings during their
prudential review of firms' mortgage forbearance and impairment
provisions processes and sets out the actions they want firms to
take. The document includes good and poor practice guidance to help
your firm comply with its responsibilitie...

The FSA has published guidance consultation on this topic and
seeks comments by 14 June 2011. The document includes good and poor
practice guidance to help firms comply with their responsibilities
under the rules on Risk Control and Conflict of Interest.
This guidance is likely to be of most ...

There was little change in the level of mortgage payment
difficulties in the first quarter of 2011, according to new data
released by the Council of Mortgage Lenders.
Out of the 11.3 million outstanding first-charge mortgages in
the UK at the end of March 2011, a total of 9,100 properties wer...

The CML have welcomed publication by the Financial Services
Authority (FSA) of its business plan for the coming year, which
confirmed some welcome changes in response to representations on
the direction of the ongoing mortgage market review (MMR).
The plan confirms that interest-only mortgage...

There is a clear need to improve public trust and
confidence in the mortgage market, and this links directly to our
Charter remit. The FSA's Mortgage Market Review could go a long way
towards bringing this about. While other post-Turner Review
regulatory measures such as those related to pr...

Few people could have anticipated that a problem first
identified as an American issue involving sub-prime mortgages would
very quickly escalate into a worldwide economic incident that could
perhaps be the most significant economic incident ever.